Core Gold (CVE:CGLD) Stock Price Down 3% – Time to Sell?

Core Gold Inc (CVE:CGLDGet Free Report)’s share price dropped 3% during trading on Wednesday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 44,699 shares were traded during trading, a decline of 89% from the average daily volume of 394,493 shares. The stock had previously closed at C$0.17.

Core Gold Price Performance

The business has a fifty day moving average price of C$0.16 and a 200 day moving average price of C$0.16. The company has a market cap of C$26.70 million and a price-to-earnings ratio of -7.62. The company has a debt-to-equity ratio of 210.57, a quick ratio of 0.00 and a current ratio of 0.30.

Core Gold Company Profile

(Get Free Report)

Core Gold Inc engages in acquiring, exploring, developing, and mining mineral concessions in Ecuador. The company primarily explores for gold, copper, and silver deposits. Its flagship asset is the 100% owned Dynasty District, a 50,000 hectare land package, which includes five production and exploration targets.

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